The latest dairy auction from Fonterra
- Whole milk price index -1.6%
- Whole milk powder prices average $2062/MT
- Globaldairytrade auction average $2345/MT
It's the second auction in a row of declining prices but that follows two very strong auctions.
Here is the breakdown:
![[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project](https://c.mql5.com/6/1012/splash-preview-771691.png "[Two Different Approaches to Market Timing]: The Spiral Calendar and the VISTmany Research Project")
